Recession-Resistant Yields Up to 12.4% (or 17% in California!)

The economy is slowing . And if you believe that these tariff-tapping brakes are going to land us in a recession, these tax-equivalent yields up to 12.4% are for you. This is the time to recession-proof our retirement holdings. The new administration appears to want to get a slowdown “out of the way” early. Atlanta’s GDPNow forecast says the economy is already shrinking: Meanwhile the latest University of Michigan consumer sentiment report shows that confidence is falling fast. The index dropped to 57.9 in March—its lowest level since November 2022: Back then we were emerging from a sharp and painful 10-month bear market.… Read more